{"id":80206,"date":"2025-02-10T16:55:31","date_gmt":"2025-02-10T16:55:31","guid":{"rendered":"https:\/\/peraltafinancing.com\/alabama\/refusing-to-license-regulate-gambling-alabama-is-hurting-itself-not-crooks\/"},"modified":"2025-02-10T16:55:31","modified_gmt":"2025-02-10T16:55:31","slug":"refusing-to-license-regulate-gambling-alabama-is-hurting-itself-not-crooks","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=80206","title":{"rendered":"Refusing to license, regulate gambling, Alabama is hurting itself, not crooks"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400\">Last night, in the hours before the Philadelphia Eagles steamrolled the Kansas City Chiefs to win the Super Bowl, millions of dollars were wagered across the country \u2013 and across Alabama \u2013 on the game and on the various prop bets and player parlays.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The bets rolled in on mainstream gaming sites and apps, such as FanDuel, Hard Rock, DraftKings and others, and on off-shore sites, like Bovada. There are also various apps that allow bettors to wager on various player performances and put together parlay bets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">And not just for the Super Bowl.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">On any random weekday evening, you can wager on literally hundreds of events around the world, and on thousands of players participating in all sorts of sports. It is easy. It is popular. And make absolutely no mistake about it, no matter the legality in your state \u2013 or what you want it to be \u2013 all of that sports betting is easily accessible to anyone with a phone and a decent internet connection.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">That\u2019s one reason why it\u2019s long past time that we stop this silly conversation in Alabama over whether we\u2019re going to allow gambling in this state.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">From the electronic bingo being played in the upscale casinos owned by the Poarch Band of Creek Indians and the historical horse racing games operating in Birmingham, Shorter and Greene County to the laughably easy access from any living room to sports wagering, we have gambling.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The only question at this point is how do we want to manage it.\u00a0<\/span><\/p>\n<div class=\"code-block code-block-6\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<div class=\"zox-post-ad-wrap\"><span class=\"zox-ad-label\">Advertisement. Scroll to continue reading.<\/span><\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">Do we want to continue sticking our heads in the sand, pretending that we\u2019re somehow immune to the saturation of gambling that has taken place all around us, and watching our tax revenue stroll across state lines \u2013 and into off-shore bank accounts and the hands of outright crooks \u2013 as we pretend that we\u2019re taking a moral stand against something that the citizens of this state have long accepted as the norm? Because that\u2019s what we\u2019ve been doing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">For decades now, we\u2019ve allowed a group of crooks and greedy slick-talkers to line their pockets with out-of-state gambling money, as they do the bidding of the casino owners in other states and illegal gaming operators in this state, while pushing this notion of a more righteous Alabama because it has refused the ill-gotten gains from legalizing its own gaming and keeping the profits at home. Some of our lawmakers, with the donations from these groups in their campaign accounts, have literally insisted that we were the better people for sending other states\u2019 kids to college, paving their roads, paying for their rural hospitals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">It\u2019s preposterous, and a growing number of people have realized it. That\u2019s why more than 80 percent of Alabama voters, in a recent poll, said they wanted an opportunity to vote to legalize a lottery, casino gaming and sports betting. I\u2019d like for you to find another issue on which 80 percent of the state agrees.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">While the revenue portion of this debate remains ridiculously slanted \u2013 we\u2019re losing between $700 million and a billion dollars annually \u2013 there is also another portion that is worth noting \u2013 and one almost as important.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Over the last two weeks, it has been widely reported \u2013 starting with <a href=\"https:\/\/www.si.com\/college-basketball\/sources-widespread-investigation-underway-into-alleged-game-fixing-in-nba-college-basketball\">Pat Forde at Sports Illustrated<\/a> \u2013 that federal investigators have launched a wide-ranging probe into illegal game fixing in both the NBA and college basketball. The investigation thus far has focused on two primary NBA stars and on a handful of colleges, including at least one that has played multiple games against schools in Alabama.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Now, at first glance, you might think that such a story would be a stone dead argument against more sports wagering. But in truth, it\u2019s the exact opposite.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">As Forde relayed in a recent podcast interview, the investigation into the game fixing and point shaving began when regulators who monitor gambling activity on regulated websites noticed irregularities in the number and size of successful bets coming in on a handful of very specific player prop bets. Without getting too deep in the weeds, that means basically that a bunch of big bets came in on a specific player to score under a certain number of points, and then that player mysteriously played a very short period of time or massively underperformed.\u00a0<\/span><\/p>\n<div class=\"code-block code-block-6\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<div class=\"zox-post-ad-wrap\"><span class=\"zox-ad-label\">Advertisement. Scroll to continue reading.<\/span><\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">As those investigators looked deeper, Forde said, they found more examples and now suspect the fraud was taking place for a longer period and likely began with bets placed in unmonitored, off-shore websites.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">To put that another way: the only reason this was discovered is because we\u2019ve legalized, regulated and monitored sports betting.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">And sports betting isn\u2019t alone in this regard.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Casino games in states where gambling is legal are also monitored and regulated by gaming officials. They ensure that payouts meet a minimum number and that machines are performing properly. They audit casinos and keep track of earnings. They enforce safety and regulatory rules that keep customers safe.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Those things happen at the Poarch Creeks\u2019 casinos. They happen at facilities licensed to conduct pari-mutuel wagering, such as VictoryLand and the Birmingham Race Course. The owners at those facilities have to go through federal background checks and adhere to all sorts of regulations, particularly the Native American casinos.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">You\u2019ll likely not be so shocked to learn that those regulations don\u2019t exist in the illegal gaming sites. No one is checking the machines in the back of the laundromat or over at Earl\u2019s Electronic Bingo, Live Bait and Home Goods Store to make sure they\u2019re paying out properly. And we\u2019ve got literally hundreds of such places scattered all over the state.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">You can\u2019t escape gambling in this state now. It\u2019s everywhere and all the time. From sports wagering ads popping up on everything you watch to your friends chipping in on the big Power Ball jackpot to the trips to casinos in this state \u2013 it\u2019s all around us. By failing to properly license and regulate it, we\u2019re foolishly giving away tax dollars we need and contributing to the shady atmosphere that envelops unregulated gambling.\u00a0<\/span><\/p>\n<div class=\"code-block code-block-6\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<div class=\"zox-post-ad-wrap\"><span class=\"zox-ad-label\">Advertisement. Scroll to continue reading.<\/span><\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">Oh, and we\u2019re also denying 80 percent of Alabamians their right to choose what they want. <\/span><\/p>\n<p><!-- CONTENT END 1 -->\n\t\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Last night, in the hours before the Philadelphia Eagles steamrolled the Kansas City Chiefs to win the Super Bowl, millions of dollars were wagered across the country \u2013 and across Alabama \u2013 on the game and on the various prop bets and player parlays.\u00a0 The bets rolled in on mainstream gaming sites and apps, such [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":80207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11763],"tags":[33526,12750,40314,24471,743,11394,23399,22715,35605,40313],"dealstore":[],"offerexpiration":[],"class_list":["post-80206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alabama","tag-2025-legislative-session","tag-alabama","tag-crooks","tag-gambling","tag-gaming","tag-hurting","tag-license","tag-lottery","tag-refusing","tag-regulate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - 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